The amounts that two partners invested in a new business are given below. If the partners share the profits in the same ratio as

Question

nignag [31]

3 years ago

8

The amounts that two partners invested in a new business are given below. If the partners share the profits in the same ratio as

their investment, what is partner B's share in a $3600 profit?
Partner A $4300 Partner B $7700

Mathematics

1 answer:

koban [17] · Answer 1 · 2022-01-06T06:18:14+03:00

koban [17]3 years ago

3 0

The total amount of investment = 4300 + 7700 = $12,000

Now, the percentage of share of partner B can be calculated as follows:
% of share of B = (7700/12000) x 100 = 64.1667%

Therefore, for a profit of $3600, partner B will get:
0.641667 x 3600 = $2310